About 18580 Nw 234th Street 5-8
This quadruplex is being offered together with an identical, adjacent quadruplex (same address, Parcel #: 00567-000-000). Both quads must be purchased together. Fully occupied and centrally located brick quadruplexes in the rapidly growing High Springs, FL market for sale. These quads feature a rare combination of location, condition, and stable occupancy. Very limited competing apartment inventory nearby. Both quads are being offered together at $900,000 ($450,000/quad). Located in High Springs, Florida - named the Friendliest Small Town by Floridian magazine and known as the Gateway to the Springs - this 8-unit portfolio offers the perfect blend of small-town charm and strong investment fundamentals. Situated just 20 miles northwest of Gainesville, High Springs has become a sought-after housing destination for all kinds of professionals, providing a deep, stable tenant pool. All 8 units are 1 bedroom/1 bathroom at 656 SF each, spread across two single-story brick buildings totaling 5,248 SF on 0.68 acres. Every unit is currently occupied with leases in place. In-place rents average $933/unit/month. Both buildings are professionally managed. Units are individually metered, tenants pay all utilities. Debt/Insurance quotes and financials available for review.
Features of 18580 Nw 234th Street 5-8
| MLS® # | GC542058 |
|---|---|
| Price | $450,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,624 |
| Acres | 0.34 |
| Year Built | 1981 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Listing Details
| Office | THE MULTIFAMILY ADVISORS |
|---|
Listing Map
Neighborhood Information for 18580 Nw 234th Street 5-8
Significant Percentage of Family Households, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
High Springs Community School Public - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
First Christian Academy Private - Preschool to 12Th Grade - Closest Middle School |
1 Miles | |
|
|
Living Springs Academy Private - Kindergarten to 8Th Grade |
2 Miles | |
|
Santa Fe High School Public - 9Th Grade to 12Th Grade - Closest High School |
5 Miles | |
|
A. L. Mebane Middle School Public - 6Th Grade to 8Th Grade |
6 Miles | |
|
|
Alachua Elementary School Public - 3Rd Grade to 5Th Grade |
6 Miles | |
|
|
W. W. Irby Elementary School Public - Preschool to 2Nd Grade |
7 Miles |
School data provided by GreatSchools